Funding rounds, mobile money, payments and neobanks.
The draft National Payment System Bill sets minimum capital by activity. Young fintechs are the most affected; a regulatory sandbox is planned for testing without a licence.
AnalysisBacked by Abu Dhabi sovereign fund Mubadala and the EBRD, the Cairo payments company has tripled its revenue in 18 months. Its growth now comes mainly from the UAE, Saudi Arabia and Oman, in a funding market in clear decline.
The branchless South African bank, launched in 2021, has been profitable since August. Its “bank for others” model brings it half a million customers from money transfer specialist Mukuru.
The digital minister, Samba Diouf, met Wave’s teams on 10 September. Transport, health, the Treasury: the goal is to pay for and collect more public services through mobile money.
AnalysisAbout $1.4 billion raised in the first half of 2026, as a year earlier, but in 146 rounds against 252. The money is concentrating on a few established companies, and acquisitions are doubling.